Friday, October 04, 2013 8.28 AM / FDC Nigeria ranked 120th out of 148 countries on the Global Competitiveness Index (GCI) 2013-2014, representing a five-place drop from 115th position last year. With the ongoing efforts to diversify the economy from oil dependency, the increase in foreign direct investments, and continuous […]
Tag: South Africa
Okonjo-Iweala to Chair Meeting of Commonwealth Finance Ministers in Washington DC
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Ngozi Okonjo-Iweala, Nigeria’s Finance Minister will chair the forthcoming meeting of the Commonwealth Finance Ministers in Washington D.C during the annual meetings of the International Monetary Fund (IMF) and World Bank. This is contained in a Statement from Julius Mucunguzi Acting Communications Adviser […]
Osun State issues Nigeria’s debut sukuk at 14.75 pct -bankers
* Osun State issues Nigeria’s first sukuk -bankers * Nigeria tapping into growing demand for Islamic debt Nigeria’s Osun State has issued a 10 billion naira ($62 mln) sukuk yielding 14.75 percent, bankers said on Wednesday, the first Islamic bond from a major economy in sub-Saharan Africa. The cocoa-producing, southwestern […]
